IRIS Accounts Production v23.4.0.336 03156234 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh031562342022-03-31031562342023-03-31031562342022-04-012023-03-31031562342021-03-31031562342021-04-012022-03-31031562342022-03-3103156234ns15:EnglandWales2022-04-012023-03-3103156234ns14:PoundSterling2022-04-012023-03-3103156234ns10:Director12022-04-012023-03-3103156234ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3103156234ns10:SmallEntities2022-04-012023-03-3103156234ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3103156234ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3103156234ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3103156234ns10:FullAccounts2022-04-012023-03-310315623412022-04-012023-03-3103156234ns10:CompanySecretary12022-04-012023-03-3103156234ns10:RegisteredOffice2022-04-012023-03-3103156234ns5:CurrentFinancialInstruments2023-03-3103156234ns5:CurrentFinancialInstruments2022-03-3103156234ns5:ShareCapital2023-03-3103156234ns5:ShareCapital2022-03-3103156234ns5:RetainedEarningsAccumulatedLosses2023-03-3103156234ns5:RetainedEarningsAccumulatedLosses2022-03-3103156234ns5:NetGoodwill2022-04-012023-03-3103156234ns5:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3103156234ns5:PlantMachinery2022-04-012023-03-3103156234ns5:NetGoodwill2022-03-3103156234ns5:NetGoodwill2023-03-3103156234ns5:NetGoodwill2022-03-3103156234ns5:PlantMachinery2022-03-3103156234ns5:FurnitureFittings2022-03-3103156234ns5:MotorVehicles2022-03-3103156234ns5:ComputerEquipment2022-03-3103156234ns5:FurnitureFittings2022-04-012023-03-3103156234ns5:MotorVehicles2022-04-012023-03-3103156234ns5:ComputerEquipment2022-04-012023-03-3103156234ns5:PlantMachinery2023-03-3103156234ns5:FurnitureFittings2023-03-3103156234ns5:MotorVehicles2023-03-3103156234ns5:ComputerEquipment2023-03-3103156234ns5:PlantMachinery2022-03-3103156234ns5:FurnitureFittings2022-03-3103156234ns5:MotorVehicles2022-03-3103156234ns5:ComputerEquipment2022-03-3103156234ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103156234ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 03156234 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Bridge Fabrications Limited

Bridge Fabrications Limited (Registered number: 03156234)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bridge Fabrications Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs C B Hey





SECRETARY:





REGISTERED OFFICE: Rock Works
Island Drive
Brockholes
Holmfirth
West Yorkshire
HD9 7AD





REGISTERED NUMBER: 03156234 (England and Wales)





ACCOUNTANTS: S & P Wood
1258 Manchester Road
Linthwaite
Huddersfield
West Yorkshire
HD7 5QA

Bridge Fabrications Limited (Registered number: 03156234)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2 2
Tangible assets 5 2,972 3,629
2,974 3,631

CURRENT ASSETS
Stocks 4,863 5,268
Debtors 6 780,804 634,541
Cash at bank and in hand 99,666 55,322
885,333 695,131
CREDITORS
Amounts falling due within one year 7 505,599 391,616
NET CURRENT ASSETS 379,734 303,515
TOTAL ASSETS LESS CURRENT
LIABILITIES

382,708

307,146

PROVISIONS FOR LIABILITIES 321 392
NET ASSETS 382,387 306,754

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 382,287 306,654
SHAREHOLDERS' FUNDS 382,387 306,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Bridge Fabrications Limited (Registered number: 03156234)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 March 2024 and were signed by:





Mrs C B Hey - Director


Bridge Fabrications Limited (Registered number: 03156234)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Bridge Fabrications Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Bridge Fabrications Limited (Registered number: 03156234)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 2
NET BOOK VALUE
At 31 March 2023 2
At 31 March 2022 2

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 45,208 9,963 14,000 8,272 77,443
Disposals - - (14,000 ) - (14,000 )
At 31 March 2023 45,208 9,963 - 8,272 63,443
DEPRECIATION
At 1 April 2022 43,891 7,936 13,721 8,266 73,814
Charge for year 321 65 - 1 387
Eliminated on disposal - - (13,730 ) - (13,730 )
At 31 March 2023 44,212 8,001 (9 ) 8,267 60,471
NET BOOK VALUE
At 31 March 2023 996 1,962 9 5 2,972
At 31 March 2022 1,317 2,027 279 6 3,629

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 128,249 178,300
Other debtors 652,555 456,241
780,804 634,541

Bridge Fabrications Limited (Registered number: 03156234)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 368,705 207,500
Taxation and social security 31,124 14,860
Other creditors 105,770 169,256
505,599 391,616